Game Theory A Simple Introduction
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Game Theory A Simple Introduction
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Author : K.H. Erickson
language : en
Publisher: K.H. Erickson
Release Date : 2013-11-15
Game Theory A Simple Introduction written by K.H. Erickson and has been published by K.H. Erickson this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-11-15 with Mathematics categories.
Game Theory: A Simple Introduction offers an accessible and enjoyable guide to the basic principles and extensive applications of game theory. Understand a game matrix, the prisoners’ dilemma, dominant and mixed strategies, zero-sum games, Pareto efficiency, the Nash equilibrium, and the power of asymmetric information. Calculate payoffs and outcomes in games involving characters such as Jack and Jill, or friend and stranger. Look at the effects of altruism and hatred on games, and see how games can change over time. Explore examples looking at gang members, free riders, global governance, a long-term relationship, competing corporations, advertisers and their customers, along with familiar hawk-dove and chicken games. See game players use every trick in the book to get what they want, with over 50 images to guide through the steps they use to play the game.
Game Theory A Very Short Introduction
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Author : K. G. Binmore
language : en
Publisher: Oxford University Press, USA
Release Date : 2007-10-25
Game Theory A Very Short Introduction written by K. G. Binmore and has been published by Oxford University Press, USA this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-10-25 with Business & Economics categories.
Games are played everywhere: from economics to evolutionary biology, and from social interactions to online auctions. This title shows how to play such games in a rational way, and how to maximize their outcomes.
Game Theory
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Author : Ken Binmore
language : en
Publisher: OUP Oxford
Release Date : 2007-10-25
Game Theory written by Ken Binmore and has been published by OUP Oxford this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-10-25 with Mathematics categories.
Games are everywhere: Drivers manoeuvring in heavy traffic are playing a driving game. Bargain hunters bidding on eBay are playing an auctioning game. A firm negotiating next year's wage is playing a bargaining game. The opposing candidates in an election are playing a political game. The supermarket's price for corn flakes is decided by playing an economic game. Game theory is about how to play such games in a rational way. Even when the players have not thought everything out in advance, game theory often works for the same reason that mindless animals sometimes end up behaving very cleverly: evolutionary forces eliminate irrational play because it is unfit. Game theory has seen spectacular successes in evolutionary biology and economics, and is beginning to revolutionize other disciplines from psychology to political science. This Very Short Introduction introduces the fascinating world of game theory, showing how it can be understood without mathematical equations, and revealing that everything from how to play poker optimally to the sex ratio among bees can be understood by anyone willing to think seriously about the problem. ABOUT THE SERIES: The Very Short Introductions series from Oxford University Press contains hundreds of titles in almost every subject area. These pocket-sized books are the perfect way to get ahead in a new subject quickly. Our expert authors combine facts, analysis, perspective, new ideas, and enthusiasm to make interesting and challenging topics highly readable.
Game Theory For Business A Simple Introduction
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Author : K.H. Erickson
language : en
Publisher: K.H. Erickson
Release Date : 2013-12-06
Game Theory For Business A Simple Introduction written by K.H. Erickson and has been published by K.H. Erickson this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-12-06 with Mathematics categories.
Game Theory for Business: A Simple Introduction offers an accessible guide to the central ideas and methods of business game theory, with over 35 diagrams to support the analysis. Understand a business’s role, goals and incentives. Examine adverse selection, moral hazard, and a bait and switch strategy, see how a firm may secure long-run gains, and learn what the show business industry can teach other businesses. Evaluate duopoly price competition, prospects for collusion, and industry entry deterrence using credible commitments and asymmetric information. Look at strategic behaviour with top dog, fat cat, puppy dog ploy, or lean and hungry strategies, Cournot output competition and Bertrand price competition. See what a business can learn from evolutionary biology, and how a firm may differentiate itself from its rivals.
Introducing Game Theory And Its Applications
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Author : Elliott Mendelson
language : en
Publisher: CRC Press
Release Date : 2024-08-02
Introducing Game Theory And Its Applications written by Elliott Mendelson and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-08-02 with Mathematics categories.
This classic text, originally from the noted logician Elliot Mendelson, is intended to be an easy-to-read introduction to the basic ideas and techniques of game theory. It can be used as a class textbook or for self-study. Introducing Game Theory and its Applications, Second Edition presents an easy-to-read introduction to the basic ideas and techniques of game theory. After a brief introduction, the authors begin with a chapter devoted to combinatorial games--a topic neglected or treated minimally in most other texts. The focus then shifts to two-person zero-sum games and their solutions. Here the authors present the simplex method based on linear programming for solving these games and develop within this presentation the required background. The final chapter presents some of the fundamental ideas and tools of non-zero-sum games and games with more than two players, including an introduction to cooperative game theory. The book is suitable for a first undergraduate course in game theory, or a graduate course for students with limited previous exposure. It is useful for students who need to learn some game theory for a related subject (e.g., microeconomics) and have a limited mathematical background. It also prepares its readers for more advanced study of game theory's applications in economics, business, and the physical, biological, and social sciences. The authors hope this book breeds curiosity about the subject as its design is meant to to satisfy the readers. The book will prepare readers for deeper study of game theory applications in many fields of study.
Game Theory A Comprehensive Introduction
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Author : Hans Keiding
language : en
Publisher: World Scientific Publishing Company
Release Date : 2015-03-30
Game Theory A Comprehensive Introduction written by Hans Keiding and has been published by World Scientific Publishing Company this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-03-30 with Mathematics categories.
This book is intended as an introduction to game theory which goes beyond the field of application, economics, and which introduces the reader to as many different sides of game theory as possible within the limitations of an introduction. The main goal is to give an impression of the diversity of game theoretical models, while at the same time covering the standard topics. The book has an equal coverage of non-cooperative and cooperative games, and it covers several topics such as selecting Nash equilibria, non-transferable utility games, applications of game theory to logic, combinatorial and differential games.
Game Theory Explained A Mathematical Introduction With Optimization
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Author : Christopher H Griffin
language : en
Publisher: World Scientific
Release Date : 2025-02-27
Game Theory Explained A Mathematical Introduction With Optimization written by Christopher H Griffin and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2025-02-27 with Mathematics categories.
This book provides an introduction to the mathematical theory of games using both classical methods and optimization theory. Employing a theorem-proof-example approach, the book emphasizes not only results in game theory, but also how to prove them.Part 1 of the book focuses on classical results in games, beginning with an introduction to probability theory by studying casino games and ending with Nash's proof of the existence of mixed strategy equilibria in general sum games. On the way, utility theory, game trees and the minimax theorem are covered with several examples. Part 2 introduces optimization theory and the Karush-Kuhn-Tucker conditions and illustrates how games can be rephrased as optimization problems, thus allowing Nash equilibria to be computed. Part 3 focuses on cooperative games. In this unique presentation, Nash bargaining is recast as a multi-criteria optimization problem and the results from linear programming and duality are revived to prove the classic Bondareva-Shapley theorem. Two appendices covering prerequisite materials are provided, and a 'bonus' appendix with an introduction to evolutionary games allows an instructor to swap out some classical material for a modern, self-contained discussion of the replicator dynamics, the author's particular area of study.
Economics A Simple Introduction
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Author : K.H. Erickson
language : en
Publisher: K.H. Erickson
Release Date :
Economics A Simple Introduction written by K.H. Erickson and has been published by K.H. Erickson this book supported file pdf, txt, epub, kindle and other format this book has been release on with Business & Economics categories.
Economics: A Simple Introduction offers an accessible guide to the principles and methods of economics, with calculations and over 25 diagrams to support the analysis. Understand the four dimensional nature of economics, and how its learning process differs from other subjects. Use data points, read graphs, and learn to create your own graphs and how to plot a trend curve. Evaluate the laws of diminishing marginal utility and diminishing returns exhibited by these trend curves, and assess the impact on consumers and producers. Turn curves into lines to find the relationship between two variables using an intercept and slope. Find the equilibrium outcome where all sides are balanced and understand its importance for consumers and producers. Examine the factors which facilitate or prevent an equilibrium outcome, and which may lead to a range of possible outcomes. Explore the impact of time as static analysis becomes dynamic analysis. Look into short-run shifts in demand or supply, and the affect which they may have on prices and consumption or production levels. Look at changes which can occur over the long-run, specifically the end of the law of diminishing returns. Microeconomics overview explains how consumer preferences and budget constraint decide demand, and firm productivity and costs against revenue decide supply. Macroeconomics overview explains how the IS-LM model where goods and money markets balance decides aggregate demand, and the Phillips curve and growth models determine aggregate supply. Econometrics is introduced as a method is presented to create value estimates, and economic theory becomes practice.
Investment Formulas A Simple Introduction
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Author : K.H. Erickson
language : en
Publisher: K.H. Erickson
Release Date :
Investment Formulas A Simple Introduction written by K.H. Erickson and has been published by K.H. Erickson this book supported file pdf, txt, epub, kindle and other format this book has been release on with Business & Economics categories.
Investment Formulas: A Simple Introduction includes over 80 formulas in the investment field, alongside relevant definitions and explanations. The formulas cover the topics of historical return measures, investment models, portfolio performance evaluation, firm and stock valuation, bond portfolio management, derivatives, and option valuation.
Introduction To Game Theory In Business And Economics
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Author : Thomas J. Webster
language : en
Publisher: Routledge
Release Date : 2018-10-24
Introduction To Game Theory In Business And Economics written by Thomas J. Webster and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-10-24 with Business & Economics categories.
Game theory is the study of strategic behavior in situations in which the decision makers are aware of the interdependence of their actions. This innovative textbook introduces students to the most basic principles of game theory - move and countermove - with an emphasis on real-world business and economic applications. Students with a background in principles of economics and business mathematics can readily understand most of the material.Demonstration problems in each chapter are designed to enhance the student's understanding of the concepts presented in the text. Many chapters include non-technical applications designed to further the student's intuitive understanding of strategic behavior. Case studies help underscore the usefulness of game theory for analyzing real-world situations. Each chapter concludes with a review and questions and exercises. An online Instructor's Manual with test bank is available to professors who adopt the text.